on BayWa AG (isin : DE0005194062)
BayWa AG Completes Planned Repayment of Green Bond
Munich, 27 June 2024 – BayWa AG, a company listed in the Prime Standard of the Frankfurt Stock Exchange, has successfully repaid its green bond on 26 June 2024. This repayment, totaling €200 million, was made using existing and freely available funds.
The green bond, initially issued in June 2019, had an interest coupon of 3.125% per annum and a total volume of €500 million. It marked the first benchmark-sized green bond offering by an unrated company in Europe. The proceeds from this issuance were allocated to funding new and existing wind and solar energy projects worldwide.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all BayWa AG news